Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$252,690Cash toward the purchase price.
Closing costs + prepaids$13,512Not just lender fees.
Before credits & paid funds$266,202The complete starting cash picture.
Estimated remaining funds due at closing
$266,202No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$252,689.67
Your down payment$252,689.67
Closing costs + prepaids$13,511.86
Total buyer cash needed$266,201.53
Remaining funds due$266,201.53
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$763.00
Credit report$200.00
Tax service$80.00
UMe assumption specialist (1%)$4,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,161.55
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$926.00
Initial HOA (3 months)$645.00
Prepaid interest, first (24 days)$461.31
Fees + prepaids$13,511.86
Your down payment is the seller’s equity. You take over the $232,310 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $266,201.53 is due at closing. Uses and sources reconcile at $498,511.86 each. Not a Closing Disclosure.